HHLR ADVISORS, LTD.HHLR ADVISORS, LTD.

Institutional investor · Portfolio as of Q4 2024

SEC EDGAR SourceSEC Filings

Top Holdings45 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
ONCONC
ADR

BEIGENE LTD-ADR

3.8M$702.7M24.3%$134.02+37.15%
25 qtrssince 2018-Q4
Decreased
0
BABABABA
ADR

ALIBABA GROUP HOLDING-SP ADR

4.9M$414.4M14.4%$83.58-1.14%
11 qtrssince 2022-Q2
Decreased
0
PDDPDD
ADR

PDD HOLDINGS INC

2.7M$264.8M9.2%$97.08-2.77%
11 qtrssince 2022-Q2
Decreased
0
NTESNTES
ADR

NETEASE INC-ADR

2.6M$231M8.0%$90.10-3.46%
9 qtrssince 2022-Q4
Unchanged
0
BEKEBEKE
ADR

KE HOLDINGS INC-ADR

11.3M$207.4M7.2%$21.84-17.34%
18 qtrssince 2020-Q3
Increased
63
VIPSVIPS
ADR

VIPSHOP HLDGS LTD

14.9M$200.4M6.9%$12.69+0.75%
16 qtrssince 2021-Q1
Decreased
0
LEGNLEGN
ADR

Legend Biotech Corp. Sponsored ADR

6M$194.7M6.7%$50.33-34.89%
19 qtrssince 2020-Q2
Decreased
0

ARRIVENT BIOPHARMA INC

4.5M$119.5M4.1%$17.95+50.18%
4 qtrssince 2024-Q1
Unchanged
0
FUTUFUTU
ADR

FUTU HLDGS LTD

1.1M$89.5M3.1%$70.95+13.48%
3 qtrssince 2024-Q2
Increased
59
WNSWNSDelisted

WNS HLDGS LTD

1.5M$72.6M2.5%
1 qtr
New
78
TCOMTCOM
ADR

TRIP.COM GROUP LTD-ADR

913,842$62.7M2.2%$49.90+36.83%
3 qtrssince 2024-Q2
Decreased
0
JDJD
ADR

JD.COM INC-ADR

1.7M$58.6M2.0%$38.34-13.20%
25 qtrssince 2018-Q4
Increased
54
ENFNENFNDelisted

ENFUSION INC

5M$51.2M1.8%
13 qtrssince 2021-Q4
Unchanged
0

CYTEK BIOSCIENCES INC

6.7M$43.2M1.5%$20.96-68.75%
14 qtrssince 2021-Q3
Unchanged
0

KINIKSA PHARMACEUTICALS INTL

1.6M$31.3M1.1%$18.67+311.09%
3 qtrssince 2024-Q2
Unchanged
0

BRIDGEBIO PHARMA INC

1M$28.1M1.0%$28.21+183.24%
23 qtrssince 2019-Q2
Unchanged
0
YSYSG
ADR

YATSEN HLDG LTD

6.9M$27.4M0.9%$10.59-61.29%
17 qtrssince 2020-Q4
Decreased
0

CONTINEUM THERAPEUTICS INC

669,337$9.8M0.3%$17.61-17.83%
3 qtrssince 2024-Q2
Unchanged
0
APIAPI
ADR

AGORA INC

2.1M$8.7M0.3%$4.200.00%
1 qtr
New
47
ZTOZTO
ADR

ZTO EXPRESS CAYMAN INC

435,927$8.5M0.3%$23.65-20.06%
8 qtrssince 2023-Q1
Decreased
0
$2.9B
AUM
45
Positions
Q4 2024
Filing
Rating · 2.0
Quarterly Portfolio Change
-5%Q3'23$4.5B+11%Q4'23$5B-7%Q1'24$4.6B-12%Q2'24$4.1B+12%Q3'24$4.6B-37%Q4'24$2.9B
Activity profile
$ moved · Q4'24
New5%Increased2%Decreased89%Exited5%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 3.1 years
<1Q9%1-4Q20%1-2Y7%2Y+64%

HHLR ADVISORS, LTD. manages $2.9B across 45 positions as of Q4 2024. Top holdings: ONC (24.3%), BABA (14.4%), PDD (9.2%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 2/5.0.

Q4 2024 Summary

Active quarter - 5 new positions, 8 exits, 10 increased. Top move: WNS (NEW, conviction 78). Portfolio: $2.9B across 45 positions.

Top holdings by portfolio weight

Total AUM$3B
ONC24.34%
BABA14.35%
PDD9.17%
NTES8.00%
BEKE7.18%
VIPS6.94%
LEGN6.74%
AVBP4.14%
FUTU3.10%
WNS2.51%
Other2.17%

Portfolio allocation by GICS sector

Sectors9
Healthcare39.95%
Consumer Cyclical34.83%
Communication Services8.29%
Real Estate7.19%
Unknown4.38%
Financial Services3.25%
Consumer Defensive0.95%
Technology0.69%
Industrials0.47%

Behavioral investing profile

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Balanced Allocator- primarily Healthcare, Consumer Cyclical
Compare DNA across all funds
7-dimension quality assessment
Below Average(2.0 / 5.0)
Track RecordNo data
Conviction42
Concentration100
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Similar Funds

Funds with similar investing DNA

Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

No active accumulation streaks detected for this filer.

Streaks require 2+ consecutive quarters of increased positions in the most recent period.

Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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